Mixed use corner property with one residential unit and one commercial unit. Conveniently located on the main road in Gloucester City which provides great exposure and a quick commute to Philadelphia. First floor commercial unit with large showcase windows and half bath is currently occupied by a long-term tenant. Tenant also occupies the spacious 2nd floor 1 Bedroom 1 Bathroom apartment. Private entrance. Renovated 2024-2025 throughout. Featuring an open floor plan with a spacious living room and an updated kitchen with newer shaker cabinets, stainless steel kitchen appliances, upgraded countertops newer luxury vinyl flooring throughout and a large primary bedroom with two closets. Unit has a new compact washer and dryer in the main bathroom. The full basement which is accessible by both units via exterior BILCO doors is perfect for added storage space and it houses the utilities. There is also a small patio area on the rear of the building. There are three 100amp electric panels and three electric meters, two gas meters, one new heating system Oct 2022 with two zones, one hot water heater and one fire alarm monitoring system. Both units are currently under lease agreement. Excellent investment opportunity with positive cash flow. As-Is with Buyer obtaining CO. Also listed as a Commercial Listing MLS NJCD2123578
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Listing Snapshot
Price
$318,200
Days On Site
42 Days
Bedrooms
1
Inside Area (SqFt)
1,200 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1922
MLS® Number
NJCD2123718
Status
Active
Property Tax
$4,546
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Invite
Recent Activity
a month ago
Listing first seen on site
a month ago
Listing updated with changes from the MLS®
General Features
Acres
0.02
Cross Street
Koehler St
Foundation
Block
Parking
On Street
Property Sub Type
Duplex
Security
Smoke Detector(s)Carbon Monoxide Detector(s)
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1200
SqFt Total
1200
Style
Other
Utilities
Cable Available
Water Source
Public
Zoning
4A COMMERCIAL
Interior Features
Appliances
Electric RangeElectric OvenGas Water HeaterDishwasherRefrigeratorWasher/Dryer StackedMicrowave